Maryland offers a sales and use tax exemption up to 100% for renewable energy equipment, including geothermal and solar thermal technologies. A broad range of claimants are eligible including commercial, agricultural, residential, and industrial entities.
Renaissance zones are designated areas with tax benefits for renewable energy facilities in their boundaries. Eligible entities within a renaissance zone can have their corporate income tax, state education tax, personal and real property taxes, or local income taxes abated. Entities can receive abatements on
The Mississippi Development Authority can authorize eligible commercial entities that manufacture alternative energy components for tax exemptions up to 100% for 10 years to enable facility creation or expansion. This includes state income and franchise taxes as well as a sales and use tax. The
Local governments in New Hampshire can offer local property tax exemptions for renewable generation facilities and energy storage systems. The exemption amount is determined by the assessed value of the system.
The Nevada Clean Energy Fund increases the pace and amount of financing available for qualified clean energy projects in the state. It is functionally a Green Bank, as it seeks to help deploy renewables such as solar and geothermal using a variety of financing structures.
This sales and use tax exemption applies to qualifying energy conversion facilities used in the commercial and industrial sectors and covers up to 100% of the taxpayer’s sales and use tax liability. This 100% tax exemption applies to waste-to-energy, including garbage to energy conversion, and
The Solar Energy Program offers loans, loan guarantees, and grants to commercial entities, industrial entities, non-profits, schools, and local governments to aid in the acquisition and installation of solar energy systems. Loans have a 25% cost share requirement and 1% commitment fee. For grants, the
Tennessee allows local governments to establish a Commercial Property Assessed Clean Energy and Storm Resiliency (C-PACER) Program, under which they can allow properties in designated districts to access low-cost, long-term financing for qualified projects and repay them through a voluntary special assessment. The property assessed
Vermont law provides for a 100% exemption from the state’s 6% sales tax for solar thermal systems used to heat water and associated thermal storage systems.
This competitive grant fund, administered by the Alaska Energy Authority, distributes grants to projects which generate energy from renewable resources. Eligible applicants include an electric utility holding a certificate of public convenience and necessity under AS 42.05, an independent power producer, a local government, or
